Forex profitable gratis 2021
This trading strategy allows trading on the H1 timeframe with a EUR / USD currency pair.
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And finally, let's see, what makes a profitable forex strategy different? What are its integral and mandatory characteristics? In my opinion the three most important features can be defined.
TOP 3 most profitable forex strategies
The need to have your own trading strategy is written in almost every trading manual. Firstly, the process of creating your trading scheme allows you to bring the understanding of trading to perfection. Secondly, it allows to exclude from it any accident that hides additional risk. The first trading strategies were developed in the 80s of the last century, and for that time they were advanced instruments for trading in the forex market. But since then, the pricing principle of financial instruments has undergone noticeable changes. This was mainly influenced by a significant increase in the volatility of liquid assets. Therefore, their relevance over time was diminished and now new tools are needed.
A profitable forex strategy is a kind of instruction for a trader, helping to follow a well-defined algorithm and protect his deposit from the emotional mistakes and consequences of the unpredictability of the forex market.
If you adhere to your forex trading strategy, you always know the answer to the question – what to do in certain circumstances of the market. You have the terms of opening of the transaction, the terms of its closure, you do not guess if the time is right or not. You do as your trading strategy tells you. This does not mean that it can not be changed. A “healthy” scheme of trading in the currency market must be constantly adjusted, it must meet the realities of the current market trends, but there should be no unreasonable arguments in it.
Types of trading strategies
Online you can find descriptions of various strategies, the use of which allegedly guarantees a monthly doubling of capital. “break-even” strategies based on dubious trading tactics are also there in abundance. The most popular of them are the martingale and averaging methods. The forms that a trading strategy can take can combine a variety of methods. However, there are a number of the most used options:
- Trading strategy based on several complementary technical indicators
- Bollinger bands trading scheme
- Strategy on moving averages
- Technical shapes and patterns
- Fibonacci trading
- Candle trading strategy
- Trend trading strategy
- Flat trading strategy
- Scalping
- Fundamental analysis as the basis of the strategy
TOP 3 most profitable forex strategies
Scalping strategy "bali"
This trading strategy allows trading on the H1 timeframe with a EUR / USD currency pair.
As assistants, you will need the linear weighted moving average (period - 48), trend envelopes_v2 (period - 2) and DSS of momentum (parameters: 18.16, 3, 8) indicators.
The yellow line on the price chart will indicate the trend envelopes indicator. Determine the time when the next candle closes above this line - the indicator will then be under the price of the instrument. At the same candle, the price will be at the closing of the hour above the linear weighted moving average line. The main line of the DSS of momentum indicator will be green on the chart, it should be located above the signal line. A buy order is opened when all these conditions are combined. Then you set a stop loss at 25 points, and take profit - at 50 points. For sales transactions, the same conditions are “turned over”.
Candlestick strategy “all-bank”
This profitable forex strategy is weekly and can be used on different currency pairs. It is based on the spring principle of price movement. For trading, you only need a chart in any terminal and a W1 timeframe.
You must estimate the size of the candle bodies of different currency pairs (AUDCAD, AUDJPY, AUDUSD, EURGBP, EURJPY, GBPUSD, CHFJPY, NZDCHF, EURAUD, AUDCHF, CADCHF, EURUSD, EURCAD, GBPCHF) and choose the longest distance from the opening to the close of the candle within of the week. This pair will open a deal at the beginning of the next week.
If the candle was bearish, then the position will be long, if bull - short. Be sure to set a stop loss of 100-140 points and a take profit of 50-70 points. When the middle of the week comes, we close the order if it has not yet closed by profit or stop. After that, wait for the beginning of the week again and repeat the procedure, in no case opening the transaction at the end of the current week.
“parabolic profit” based on the moving average
As you may have guessed, you need to set three moving averages on the chart (10, 25 and 50), as well as the parabolic indicator. For the convenience of further actions on the analysis of the schedule, you can highlight the lines of the slide in different colors. You will need parabolic as a moving average signal filter. If you intend to open a buy deal, first make sure that the parabolic is at the bottom, if the position is short - the parabolic should be at the top. So, we define the entry point by the behavior of the sliding with the parameter 10. It must cross the other two sliding - 25 and 50. If it does it from the bottom up, then it's time to open a long position (to buy). If on the contrary - sell. For a stop loss, it is better to use a trailing stop.
Characteristics of an effective forex strategy
And finally, let's see, what makes a profitable forex strategy different? What are its integral and mandatory characteristics? In my opinion the three most important features can be defined.
- The minimum number of lagging indicators. The fewer they are, the higher the accuracy of the forecast.
- Simplicity. The fact that you understand your strategy is more important than its saturation with complex elements, formulas, schemes.
- Uniqueness. Any trading strategy should be tailored to your trading style, your character, your circumstances and so on.
Summing up
The problem is that for most traders, fundamental analytics is limited to working with the economic calendar. Of course, some events have a short-term impact on the value of the asset, but to predict the direction of the price impulse in this case is almost impossible. To successfully trade in the forex market, create your own trading strategy. Get acquainted with the novelties, study ready-made trading schemes and improve your individual action plan in the market. Only in this case, the results of trading will satisfy you as much as possible. Also in the network there are often “innovative” automated trading systems based on artificial intelligence, with a profit potential of 300% per month. But such indicators of profitability are far from reality. In fact, experienced traders, when using moderate leverage, do not earn more than 20% per month on trading. This rate of return can even be called outstanding. If there really is an interest in such activities, then it is important to take this fact for granted and not to chase the recipe of super-profits, since this leads to a loss of investment.
Author: kate solano, forex-ratings.Com
The estimated trading volume of the foreign exchange (forex) market stands at $6.6 trillion, a figure that exceeds even the volume traded across all stock markets.
A key aspect of successful trading is an effective trading strategy. Even novice traders know this. However, the development of a successful system of earnings.
This question is probably asked by every novice trader. Almost every information resource on the subject of financial markets provides a separate section.
Cryptocurrency is a new financial instrument that has won traders attention around the world. This tool is different from traditional assets in terms of its volatility.
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A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets.
Top 10 forex platforms 2021
Latest forex reviews
The estimated trading volume of the foreign exchange (forex) market stands at $6.6 trillion, a figure that exceeds even the volume traded across all stock markets.
The year 2020 is gone, but the problems it has brought upon the world and all of the major forex markets will linger in 2021 as the COVID-10 pandemic is far from.
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As many of you know, the foreign currency markets are open for trading 24/5, which makes it very hard for a human to keep track of everything that's going.
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USDCAD climbed above the short-term descending channel earlier today in the four-hour chart but failed to jump above the 1.2780 resistance, returning lower.
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Forex profitable gratis 2021
Scalping forex robots 2021 (MT4/MT5 EA)
Scalping forex robots is one of the most attractive forex bots because they can bring you profit soon, however, they are the most sensitive ones as well and can switch from a profitable EA to a loss-making machine if you don’t run them in a suitable environment.
We will talk about those conditions later in this article but first, let’s become familiar with some of the profitable scalping bots.
You'll see in this article:
Scalping forex robots (EA) for meta trader 4 & 5
Here’s a list of profitable scalping forex robots that you can run on MT4 and MT5.
I’ll add more eas to the list whenever I find scalping robots that have the necessary qualifications for this table.
Forex robot | review | gain | drawdown | PF | days | trades | chart |
---|---|---|---|---|---|---|---|
the wave scalper | see review | 106.72% | 12.63% | 2.35 | 275 | 151 | |
auto news trader | see review | 1736.2% | 6.9% | 10.39 | 852 | 588 | |
happy gold | see review | 40000% | 16% | n/a | 2381 | 1512 | |
happy news | coming. | 78.1% | 12.9% | 1.72 | 144 | 78 | |
best scalper (2) | coming. | 226.09% | 30.25% | 1.41 | 367 | 573 |
What is scalping forex robot?
A scalping forex robot is a type of software that opens and closes short period trades and aims for a few pips, particularly less than 10 pips.
Most of the time, trades last for a few seconds and the scalping robot tries to gain 3 to 6 pips, however, sometimes the scalper targets larger amounts especially in volatile situations such as important news events.
Although scalping forex robots usually try to catch a few pips and get out of trades ASAP there are some other scalping robots that use methods such as trailing stop in order to squeeze the market as much as possible so they stay in trades longer.
In this type of scalping forex robots, you can see some trades with 3 to 6 pips that are closed lower than 5 minutes as well as some trades with around 20 to 30 pips that last for half an hour or even longer.
On the other hand, there’s a third type of scalper robots that have a longer time period as well but it’s because they have large stop losses. They aim for a few pips but since their sls are rather large and some trades may move to the direction of their sls first, therefore, the lengths of trades are longer than usual.
In this kind of scalping robots, you see small tps such as 3 to 6 pips but their stop losses are several times larger and they are something like 20 to 30 pips.
Are scalping forex robots profitable?
Scalping forex robots like other types of forex robots or eas can be both profitable and lossmaking, however, they are more susceptible to external factors such as brokers’ conditions.
For instance, a swing robot that has large limitations (SL and TP) isn’t affected by the spreads or execution speed of brokers but one pip extra spread or few tenths of seconds can have a huge impact on a scalping robot’s results.
Those factors can literally turn a profitable scalping forex robot into a fruitless one so it’s crucial to pay close attention to them.
So now let’s see how we can provide the best conditions for our scalping forex robots.
Best conditions for forex scalping robots
As we saw in the previous section, there are some factors that are not related to the strategy of a scalping robot or the way that an EA trades but they’re connected to the trading environment where the robot is executed in.
All EA developers know them very well so they have their own suggestions for the conditions that work the best for their scalping forex EA.
However, their suggestions may not always be the best ones because they may benefit from what they suggest. We’ll talk more about this later in this article but first let’s meet those factors.
Low spread forex broker
Without a doubt running a scalping robot on a low spread broker can have a determining effect on its results. A scalping EA is supposed to get a few pips so how many pips it can afford to pay as spread.
Let’s say our EA has a TP and SL of 5 pips on eurusd. If we’re going to pay 2 pips as spread, we’re far behind in the first place. The EA needs to have a very good win rate in order to be profitable in this situation.
If the creator of the EA has tested it with a broker that has let’s say 1 pip spread and our broker gives us 2 pips as the spread of eurusd, the EA becomes unprofitable even if the win rate of its system is 60%.
So we definitely need a broker with the lowest spreads.
First off, we need a broker that has ECN type of accounts. ECN accounts have very low spreads but a commission is charged as well, however, the sum of spread + commission is still lower than other types of accounts.
Most of the time the vendor of a forex robot suggests a broker which is not always the best option. The reason is if you register with the suggested broker using their IB code or link, they’ll earn money every time you trade.
It’s not a bad thing by itself because it doesn’t affect your account and you don’t pay extra fees but brokers pay their ibs from their own income which is either a part of spreads or commissions.
It’s even to the benefit of you in some cases because some sellers give you a discount if you register under their IB code. Although they’re paid less at first they’ll be compensated by their brokers when your EA starts trading.
The problem is whether the suggested brokers are the best choice or you can find a better broker.
Well, we did a study on lots of brokers in the industry and compared them with each other. For finding the best broker for scalping you can read the article here.
If you’re from the US, you can find your broker from the best offshore forex brokers.
Fast execution brokers
Another factor that is important when it comes to a suitable broker for scalping forex robots is execution speed.
Sometimes, the entry or exit point of a scalping EA is too sensitive and if your broker has a delay in executing your orders, the results of trades change completely, therefore, you need a broker with fast execution speed.
Now, how you can find out about the execution speed of brokers. Well, we did another study on the MT4 execution speed of forex brokers to figure that out and you can find it here.
However, we took this factor into account in the scalping forex brokers article that we mentioned in the previous section.
Low slippage brokers
Slippage happens when the market is either low liquid or highly volatile.
When the market is low liquid it means there aren’t enough buyers and sellers in it so when you open a trade at a specific price, your broker may have difficulty to find the price of your order so it provides you with another price which is different from what you’ve ordered.
For example, your scalping EA sends a buy order at 1.1121 but there’s no one to sell at that price and the closest price is 1.1123 so the order opens at that price which is 2 pips against your favor. This widening is called slippage or in this case negative slippage.
It’s not always against you and sometimes the slippage is in your favor which is called positive slippage that mostly happens when the market is volatile.
On some occasions such as important news events, the market becomes volatile and moves fast so the exact price that your scalping robot orders is hard to deliver, therefore, your forex broker opens the order at a different price either in your favor or against it.
As a result, if a scalping forex robot is a news trading one or even trades sometimes on the important news events, you need to pick a broker that has the lowest slippage on those occasions.
You can find our study about low slippage forex brokers here.
High quality VPS
The next factor that is crucial to the success of scalping forex robots in particular and any type of eas in general is having a high-quality connection.
Not only does it provide a stable connection but it also decreases your latency to your broker and consequently increases the execution speed so your orders are executed faster.
VPS is vital for all types of forex robots in general because first, you don’t need to keep your trading platform open all the time, and second, any disconnection may cause a problem with the performance of eas.
It’s even more important when we run a scalping forex EA because there are additional probable problems that may happen such as slippage which can come from disconnection or slow execution speed.
All in all, VPS should be a fundamental part of your automated trading that you shouldn’t avoid in any way. It doesn’t cost you much but it has a tremendous impact on the quality of algo trading.
If you want to know more about VPS and find the best forex VPS, you can read the relevant article from here.
The bottom line
Scalping forex robots can bring you profits sooner than other bots, however, they can deplete your account fast if they are unprofitable so you’d better choose the scalping eas that have lower drawdown. That way you can control and manage risk if things go south.
You also need to run scalping eas in a high-standard condition which means picking a broker that is the best option for scalping and also choose an excellent VPS.
I tried to list some of the profitable scalping forex robots but you can add to the list by commenting below. The eas will be added to the table if they have the required standard.
Most profitable london breakout forex strategy for MT4 (2021)
Every trader wants to get a profitable life with the help of different expert advisors, indicators, and forex trading strategies. Today, we are going to discuss about the best trading strategy in the forex market and the trading strategy is london breakout trading strategy. It is one of the most effective strategies and it is a precise strategy or forex trading system. It is one of the most profitable trading strategies and it is very useful.
EXPLANATION: –
London breakout trading strategy is a forex trading strategy used to detect the price breakouts in london time sessions.
London breakout strategy indicator for MT4
There are three different trading time sessions in the forex trading system, they are london time sessions, european time session, and new york time sessions. This strategy helps the traders to use it as they want; it enables the users to use this according to your need. It is used to detect the increasing volatility in the market trend.
It is used to get profitable trade with different strategies. It is one of the most useful strategies in forex trading system. This strategy helps the traders to notice the sudden movements in the trading volume in the forex trading system.
London breakout strategy backtest
London breakout strategy can also be used with different time sessions. For example this strategy can be used in european time session but it is more applicable in london time session, means it gives more profitable trade in london time session than any other time session.
It is one of the biggest trading strategies to be used in the forex trading system. It can be used as default and it can also be used as filters setting.
Filters settings means that you can set this strategy according to your need, you can set the setting as time to be set as 10 minute, candlestick patterns, time session, and buy and sell signals. To properly utilize this way of getting things done on the side of yourself,
You will require the critical capacity to draw level lines and a few hours of accessible time during the london meeting.
GBP/JPY london breakout strategy for MT4
The london breakout system is by and large turned on the 60 minutes. An individual who sells things needn’t mess with a marker for london breakout way of getting things done. In case you know despite the fact that there is the presence ofв everything needs to utilize one, by then the MT4 FX trading meeting marker could be utilized.
To the extent peril/hazard the officials, an individual who sells things is recommended to the threat/chance per trade 1% to 2% of your full scale important things.
If you are an employee in any company and you cannot trade at london trading session and В did not get a profitable trade then this trading strategy is a best strategy to be used for help in your trade because it work as expert advisors means it is an automatic trading strategy.
This strategy uses its own indicators as collaborative tools. The indicator of this strategy uses different parameters that help this strategy to make precise calculations. Parameters are given below:
How to trad with breakout london forex indicator
PARAMETERS: –
- GMT offset: – this parameter helps the traders to set the time sessions. It helps the traders to set the time sessions to london trading session, new york trading sessions, and tokyo trading session.
- Draw price tags: this parameter help the traders to set the price tags on the indicator chart. It is also used to know about the changings in the price actions. It also tells about the up and downs in the price action of the market trend.
- Price tag colour: it is used to change the price colour tags means it changes the colour of the price action when the price is changing its movements.
- Configure trade setting: it is used to check whether the setting of the indicators used in london trading strategy is right or wrong. Simply, it is used to configure the settings.
- Lot size method: it used to allot the lot size method in the indicator chat and trade.
- Risk per trade: used to identify how many risk is involved in the particular time trade.
- Exit settings: it is used to set the indicator for exit settings.
- Use stop loss: it is used to place the stop loss strategy in the forex market.
- Stop loss method: it is used to set the stop loss strategy in the forex market.
- Use take profit: it is used to place the take profit strategy in the forex market.
- Take profit method: it is used to set the take profit strategy in the forex market.
- Set the filters: – this parameter is used to set all the trading filters in the indicator chart.
- Trend filter: – this parameter is used to set trend filter.
- Volatility filter: – this parameter is used to set the volatility filter.
- Vortex filter: – this parameter is used to set vortex filter.
- MMI filter: – this parameter is used to set MMI filter.
- Max loss protection: this parameter help the traders to make maximum loss protection.It helps the traders to reduce the risks of the loss in the trade.
- Logging: it is used to remove the lag from the trends.
- Trend: – this parameter is used to detect the trends pattern. Simply, this parameter is used to detect whether the market is in bullish trend or bearish trend.
Is the london breakout strategy profitable?
It uses different parameters that help the traders to overcome the chances of the risks. It can stop loss and take profit if there are more chances of the risks in the trade, but this advisor gives maximum protection form any loss in the trade.
London trading strategy has many uses, some are given here. This strategy is used to trade in only london trading session.It helps the traders to make a profitable life by utilizing this strategy.
It has its own indicators and expert advisors that help this strategy to make precise and profitable trade. It is one of the best strategies.
6 best & most profitable forex pairs to trad in 2021 – beginners guide
Currency trading or forex trading is the way toward exchanging one money pair to another money pair for utilizing them in various nations. Forex trading is like stock trading these the two business sectors are open for all business weeks and trading however the circumstance is diverse for the two business sectors. The best planning for forex trading is 9:20 AM to 4:00 PM, these are the best trading hours for forex trading.
Today, in this article we will talk about the best cash pairs for the better forex trade that give more benefits in the trade. We will talk about the forex terms, best forex pairs to trade, how these money pairs offer benefits to the traders, and tips to utilize these cash pairs.
What are the forex terms?
Prior to beginning the trade in the forex market you need to see some essential forex terms that help the traders to begin their trade effectively and traders can get solid benefits by using these forex terms. These forex terms are given underneath: –
- Bid
- Ask
- Spread
- Base currency
- Pip
- Leverage
WHAT IS BID?
An offer is a particular significance of the offer that is made. It is a particular offer that traders, speculators, and sellers, it makes security for the money pairs or trade things. It is a cost at which the traders and vendors at which they can buy any money from you at a similar value you are advertising. You will get the offered cost at whatever point you sell your monetary standards.
WHAT IS ASKING?
Spread is the distinction between the offer cost and the asking cost. This cost is a commission for the specialists on which traders are trading for their benefits. In the event that your offer cost is $40 and you ask cost is $25, at that point the spread cost or the commission of the agent is $15 and this sum is gotten by the dealers.
WHAT IS SPREAD?
Spread is the distinction between the offer cost and the asking cost. This cost is a commission for the specialists on which traders are trading for their benefits. In the event that your offer cost is $40 and you ask cost is $25, at that point the spread cost or the commission of the agent is $15 and this sum is gotten by the dealers.
WHAT IS BASE CURRENCY?
The base currency is the actual currency that you are holding. Simply you can say that if you are trading from the united states then the currency that you are using for the trade is united states dollar (USD) and it is your base currency. Similarly, if you are trading from any other area of the world then the currency which is being used at that place will be your base currency.
WHAT IS A PIP?
Pip is a specific movement that every currency pair can make in the forex market. It is the smallest measurement of the currencies. Pip is a specific point that is related to the profits in the trade.
WHAT IS LEVERAGE?
Leverage is a vehicle that is involved in the forex market for individual traders, investors, and dealers. It is the process of investment that is made by borrowed money by using different financial instruments like indicators, expert advisors, cheat sheets, and automatic robots.
BEST FOREX CURRENCY PAIRS TO TRADE
Many currency pairs can be traded in the forex trading system but the most traded and profitable currency pairs are listed below. We will discuss only the six best currency pairs in this article that are given below: –
- USD to EUR
- USD to JPY
- USD to CAD
- GBP to USD
- USD to CHF
- AUD to USD
USD to EUR
USD to EUR is the most traded currency pair for profitable trade in the world. USD is the currency of the united state and EUR is the currency of europe. It involves the conversion of EUR to USD and the conversion of USD to EUR. Euro and united states dollar both are the most stable currency pairs of the forex market and world. Euro is the currency of 19 countries of the world and it is not only the currency of europe but it is also the currency of the european union and it has 28 countries in it but only 19 countries use euro as the currency of their country.
EUR to USD is a political currency pair. It is demanded more politically because it has a relation with USD and EUR.
USD to JPY
USD to JPY is the second most traded currency pair in the world. JPY is japanese yen that is the currency of japan and the history of japan says that the minister of the JAPAN did a lot of effort to stabilize its economy and the currency that is why it is the third most traded currency of the forex market.
USD to CAD
USD to CAD is the third most traded currency pair of the forex market. CAD is the currency of canada. Canada is the neighbor of america, that’s why there is a great relationship between the currencies of canada and america. The canadian dollar is a highly correlated currency of the forex market.
GBP to USD
GBP to USD is the fourth most traded currency pair of the forex market. British pound sterling (GBP) is the currency pair of the united kingdom and it is used all through england, scotland, and wales. Overall GBP is the third most traded currency of the forex market. It will give high profits to the traders and help them in a better trade.
USD to CHF
It is also the most tradedcurrency pair in the world. CHF is the official currency of switzerland and it has the highest ranks for being more traded in the forex market. It will also give high profits to the traders for a better trade.
AUD to USD
It is also the most traded currency pair of the forex market. AUD is the australian dollar and it is the official currency of australia.
Currency pairs are the most important component of the forex market without a currency pair’s forex trade is not possible. So currency pairs have many advantages in the forex marke
1 minute simple and profitable forex scalping strategy (2021) PDF
If you are looking for the best forex scalping strategy then you are at the exact and accurate place. Here, you will get all the information about forex scalping strategies. This information helps you to make a precise trade with the help of scalping strategies and indicators. Scalping is a trading style that covers all the small changes in the forex market. Numerous trades are put all through the trading day utilizing a framework that is generally founded on a lot of signs got from specialized investigation graphing devices.
Forex scalping strategy is a forex trading strategy used to detect changes in the forex market. It enables the users to find out even a single change in the forex market.
It is the best trading strategy for beginners. It helps them to make accurate trade. It is specially designed for the forex trading system and the meta trader platforms like mt4 and mt5.
1 minute scalping strategy & PDF
Scalping in the forex advertises includes trading monetary standards dependent on a lot of continuous investigation.
The diagramming is comprised of a large number of signs that make a buy or sell choice when they point a similar way. The motivation behind scalping is to make a benefit by buying or selling monetary forms and holding the situation for a brief timeframe and shutting it for a little benefit.
Scalping is like daily trading in which traders can open their trade at a profitable time and then close it during a similar trading session.
In scalping, the traders can make entry into the market twice or more than it. With the help of scalping, you can trade for more than one and get profit again and again. It helps the traders to trade with multiple time session means if you are trading in tokyo time session and there is more profitable trade in other time sessions like london time session so you can skip the tokyo time session trade and can join the london time session trade and get more profitable trade with the help of forex scalping strategies.
It uses all the time frames but the best timeframe for this strategy is 5 minute or 30-minute chart. Some traders utilize these strategies for detecting volatility in the market trend.В this strategy has some specific rules for scalping strategy for buy and sells entry and exit that are given here: –
Master scalping indicator PDF
Rules for buy entry and buy exit
There are some rules for buy entry for this indicator. Below are the rules for buy entry:
- When the green line moves over the pink line then it is the time to buy entry.
- When the arrows appear below the candlestick patterns in upward direction then it is the time to buy the currency pair available at that time.
- When the blue line is moving over the red dotted line then it is the best time for buying currency pairs and it is the time to stop loss.
There are some rules for an exit strategy. The rules are given below:
- When the pink line moves over the green line then it is the time to exit for buy.
- When the blue dotted line starts moving below the red dotted line then it is the time to take profit, when the thick red bar appears on the indicator chart.
Best forex pairs to scalp 2020
Rules for SELL entry and sell exit
There are some rules for sell entry for this indicator. Below are the rules for sell entry:
- When the pink line moves over the green line then it is the time for a buy entry.
- When the arrows appear below the candlestick patterns in a downward direction then it is the time to buy the currency pair available at that time.
- When the red line is moving over the blue dotted line then it is the best time for buying currency pairs and it is the time to stop loss.
There are some rules for an exit strategy. The rules are given below:
- When the green line moves over the pink line then it is the time to exit for buy.
- When the red dotted line starts moving below the blue dotted line then it is the time to take profit, when the thick blue bar appears on the indicator chart.
Top indicators for a scalping trading strategy
Now, we are going to discuss which indicators are best for the scalping strategy and which indicators can be utilized in the forex scalping strategies. The list of the best scalping indicators is given below: –
- Quantix
- Super scalper indicator
- Infinity scalping indicator
- MA ribbon entry strategy
- Relative strength indicator
- Multi chart scalping
5 minute profitable forex scalping software
It is the best and the top-ranked forex scalping indicator that can get accurate results for the small movements and the market trends. It is a non-repaint indicator that is mostly used to remove lag from the forex market. It gives accurate and precise trade.
SUPER SCALPER INDICATOR:
It is the second top-ranked indicator for scalping. The super scalper indicator is one of the best scalping indicators. This indicator is used for detecting small changes in the market trend. These trends make the small changes in profit. This indicator works better with the help of trend following indicator, it is very easy to use this indicator.
Forex scalping strategy has many uses. Some of them are given here. This strategy is used to trade in all the trading session.
US30 scalping strategy indicator MT4
It helps the traders to make a profitable life by utilizing this strategy. It has its indicators and expert advisors that help this strategy to make a precise and profitable trade.
It is one of the best strategies. It focuses on two main concepts that help the traders in their precise calculation.
It gives more profitable trade with the help of GBP and euro currency pair. It is the most profitable currency pair in the forex trading system. It also helps the traders to detect the market trends. It is mostly used to detect scalping in the forex market and volatility rates.
Best forex robots 2021
For a long period, we professionally research the forex automated trading market. Over the years, we have gained experience that we systematically share with you in our reviews. Choosing an EA is a very important procedure, as it involves using it on a real account in order to make money. In the table, we have put together the ratings and results of the best trading robots performing.
ROFX is the best way to get started with forex. The system, based on machine learning and customizable patterns using AI, allows you to have up to 10% of monthly profit without the need for any effort. In confirmation of their capabilities, the first deposit to a real account with a robot was the amount of ten million dollars. ROFX provides a well-designed PAMM system that means that all robot performs go on the company servers.
Forex fury is an incredibly popular robot showing a stable and predictable profit. On the one hand, the robot allows you to make many settings to adjust the trading to the needs of the trader, but on the other hand, it requires not a little knowledge in order to effectively manage it. The robot holds its winning rating at a level above 90%, which in itself is a unique phenomenon in the world of trading robots.
Forex robotron is another example of the success of forex trading using a fully-automated trading robot. Trading with it shows high and predictable results. The monthly gain is more than 20%. At the same time, the robot requires deep knowledge and understanding of trading processes in order to achieve similar results. That is why it can be difficult for beginners to master working with it.
Each experienced forex trader has gone through a long phase of formation, ups, and downs. Many of them nulled their accounts several times while learning to trade. All this time, traders had to analyze the history of trades, follow the news, and trades on their own so on day after day. With the advent of trading robots, many of these routine functions were taken over by them.
The robot is a fully automatic program and doesn’t require you present. This allows beginners to start trading forex immediately after the deployment of the program and does not require previous experience. This is a great advantage for those who want to try their hand at forex trading.
The robot provides work in a fully automatic mode, giving a stable passive income. At the same time, its owner can control all its aspects of the activity, configure it at its discretion, control the current trading process from market analysis, to entering and exiting a position.
Robots are usually developed based on some strategies that have already brought substantial profit to their owners. By applying them at the core of the robot, devs thus allow you to get your profit too. A feature of some robots is that developers maintain the availability of analysis of the history of trading operations so that traders can use this data to improve their own strategies.
- Knowledge-free to start earning money on forex
- Fully-automated trading, without needing of understanding performing processes
- Usually, the seller provides back-tests and shows a robot perform on a real or demo account
- 30(60)-days money-back guarantee is an option from many sellers.
- Completely removes influence of the emotional statements during trading
- A robot can run on many accounts, as well as, trade effectively many currency pairs at the same time
- It can perform 24/7 giving you opportunities to spend your time whatever you want
- Free-trial a robot for applying it on the demo account is also quite often option
- You know the strongest sides of a robot you chose, so you can easily improve your own strategy.
- You can easily compare the official robot performing with the performing of your copy, so you’ll be able to simply find out when your robot becomes a scam.
- Running a robot on your PC is required to be online 24/7 and get a stable connection.
- There’s high enough chance to get a scam instead of a trading assistant.
- Price varies depending on futures, patterns, amount of currency pairs, etc.
- 30(60)-days money-back guarantee is an option from many sellers.
- Sometimes, there’s a high level of the min account balance for smooth trading with low risks.
Here are some functions which are applied in almost every good trading robot:
The forex robot is usually designed with the settings that are responsible for managing current trading transactions. These are the following functions: hard stop loss, trailing stop loss, and take profit features. Both experienced traders and beginners should take into account that without these functions, they will not receive full-fledged automated trading.
A developed set of patterns that include not only the parameters of the trade but also the specified criteria for market analysis. Thanks to this system, the robot is able to independently decide on the selection of the most successful entry and exit points. Typically, the robot is programmed to use technical analysis and indicators: order flow, support and resistance levels, and RSI or MACD.
With automated trading, a lot depends on how accurate and fast the robot is in making decisions. The EA must provide its owner with timely entry and exit points from transactions, which in turn should significantly increase the profitability of its work. The ability to enter a deal at the lowest point and exit it at the peak distinguishes a good robot from a bad one.
- Trade accuracy
- Numbers of traded currecny pairs
- Different risks level management
- Performing and order execution speed
- Official performing data (gain, profit) from myfxbook and fxblue sites
- Pricing for buying/subscriptions
- Support availability
- User interface
- Bitcoin or other crypto trading availability
- Customization of the standart patterns
It’s a computer program developed by devs and traders. It works on the proven patterns that allow you to make profit using robot owners’ trading experience.
A trading robot (EA) fits everyone. For beginners, it suggests the smooth start of trading on the forex. For good traders it lets relax more, using combined strategies of robots and trader to get better results with same amount of spent time.
Robots prices start from $99 to $25000 depends on futures and strategies. Most of the robots start to work well from a $1000 deposit
Not at all. From buying to applying usually goes about 10 minutes. No special knowledge is needed.
Yes, it does. Every robot is developed with the stop-loss system that allows you to lose not so much if it’s happened
It mostly depends on the risk you trade with. Our experience tells +100% of annually gain is good profitability.
So, let's see, what we have: TOP 3 most profitable forex strategies - forex strategies 2021 on forex-ratings.Com at forex profitable gratis 2021
Contents of the article
- Huge forex bonuses
- TOP 3 most profitable forex strategies
- Types of trading strategies
- TOP 3 most profitable forex strategies
- Scalping strategy "bali"
- Candlestick strategy “all-bank”
- “parabolic profit” based on the moving average
- Characteristics of an effective forex strategy
- Forex signals - free reliable forex signals
- Top 10 forex brokers 2021
- Top 10 forex platforms 2021
- Latest forex reviews
- forex no-deposit bonuses 2021
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- Scalping forex robots 2021 (MT4/MT5 EA)
- Scalping forex robots (EA) for meta trader 4 & 5
- What is scalping forex robot?
- Are scalping forex robots profitable?
- Best conditions for forex scalping robots
- The bottom line
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- GBP/JPY london breakout strategy for MT4
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- 6 best & most profitable forex pairs to trad in...
- What are the forex terms?
- BEST FOREX CURRENCY PAIRS TO TRADE
- 1 minute simple and profitable forex scalping...
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